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Recent studies have indicated that the terms 'NAIRU' (non-accelerating inflation rate of unemployment) and 'natural … features. This study evaluates comparatively the inflation-forecasting power of alternative time-varying estimates of the … twentieth century. The analysis reveals that the overall inflation-forecasting utility of the natural rate of unemployment …
Persistent link: https://www.econbiz.de/10005835658
The paper verifies the Azzimonti et al. (2014) conclusions on a sample of 53 African countries for the period 1996-2008. Authors of the underlying study have established theoretical underpinnings for a negative nexus between rising public debt and inequality in OECD nations. We assess the...
Persistent link: https://www.econbiz.de/10011264818
Article introduces the notion of information money fields of the cyclic oscillations of the economic variables in the nonlinear dynamic economic system for the first time, and presents an original research on the Ledenyov theory on the information money fields of the cyclic oscillations of the...
Persistent link: https://www.econbiz.de/10011251895
homogenous panels based on regions(Sub-Saharan and North Africa), income-levels(low, middle, lower-middle and upper …
Persistent link: https://www.econbiz.de/10009422021
significant and positive correlation between telecommunication infrastructures and regional growth in Africa, after controlling …
Persistent link: https://www.econbiz.de/10008560033
the economies of Sub-Saharan Africa. In order to co-ordinate and craft the most appropriate responses for African … indices are constructed for the continent and individual countries. It is shown that, of all developing regions, Africa is the …
Persistent link: https://www.econbiz.de/10008493585
countries are relevant for Africa. Second, when the concept of governance is not restricted to corruption, the findings become …
Persistent link: https://www.econbiz.de/10011111464
Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal Institutional Pluralism (LIP) and New Structural...
Persistent link: https://www.econbiz.de/10011113907
Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed persistently high. Using …
Persistent link: https://www.econbiz.de/10011258091
Past and future evolution of inflation, p(t), and unemployment, UE(t), in Japan is modeled. Both variables are … curve. This Phillips curve is characterized by a negative relation between inflation and unemployment and their synchronous … evolution: UE(t) = -0.94p(t) + 0.045. Effectively, growing unemployment has resulted in decreasing inflation since 1982. A …
Persistent link: https://www.econbiz.de/10005260050